I am looking at the Midas Method, a horse racing system costing £47.

The manual is poorly written and a difficult read, but, I think I have extracted three systems. I am only looking at the first system, as the other two are variations.

The system is mainly for folks who can watch each race live as it relies on the odds just before the off. One of the variants, however, is based on the odds at around noon, so this system could be used by the 9to5ers.

The system also relies on the Racing Post, although the free online version available after 9-30 a.m. is acceptable.

All bets will be each-way and I will be using Betfair and Betfair SP and Place prices to record results. I will also deduct 5% from winnings to cover Betfair commission. I will record using a £10 flat stake and also a cumulative stake based on a £1,000 start bank and staking 3% per bet (calculated at the start of each day).